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15 Houliston Close, Wednesbury, West Midlands WS10 9QH

Lot no: 38 Sold at Auction for £119,000
 

Guide Price £110,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th September 2024

9.00am
Key Features
  • Two-bedroom mid-town house
  • Excellent location
  • Requires modernisation
  • Ideal potential buy to let investment opportunity
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Sold at Auction for £119,000

Town house

Property Description:

A two-bedroom mid-town house situated in a pleasant cul de sac location.

The property requires modernisation but benefits from gas central heating and UPVC double glazing.

Well placed for local amenities and only an approximate two minutes from the M6 motorway.

An ideal buy to let investment with estimated rental value of £900 per calendar month/ £10,800 per annum after modernisation, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Porch

With cupboard and door to kitchen.

Kitchen - 3.76m x 3.75m

With base and wall units, sink, worktops, space for appliances and window to front.

Lounge - 3.93m x 3.77m

Having radiator, gas fire and hearth, patio door to rear garden and stairs off.

Landing -

With loft access.

Bedroom One - 3.80m x 3.77m

With radiator, built in wardrobe and window to rear.

Bedroom Two - 3.20m x 2.03m

With radiator, built in wardrobe and window to front.

Bathroom -

With low flush WC wash hand basin and panel bath with electric shower over. Tiled walls, radiator and window to front.

Outside -

Residents parking to the front of the properties. Garden to front with lawn and flower beds. Enclosed rear garden.

Construction Material:

Cavity wall, filled cavity

Broadband:

Standard - 8 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available

Mobile Phone Coverage:

O2, EE, Three and Vodafone available

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

NOTE TO BUYERS

A Summary of Fees form has not been provided by the seller's lawyer and buyers are referred to the additional high fees payable as set out within the special conditions of sale. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£60

Unexpired Years

51


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Residents



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.